Forex Trading Information

Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $5.3 trillion (as of April 2013). Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Everyone can participate in foreign exchange trading via the Forex brokers.

You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Rudi from Indonesia writes about FirewoodFX:

    When I am looking for a low spreads broker, I stumble upon Firewoodfx banner in a forex trader forum.

    I click it, because I am interested with their marketing speech: "spreads starts from 1 pip fixed"

    After I read their site, I decided to open p...

  • aldo. A from Italy writes about TradingBanks:

    I am glad to work with them for almost a year. The bonuses are good and the support also. I highly recommend TradingBanks to all my trading friends. They gave me 100% on the deposit so everyone should take advantage of this.

  • Mirko writes about Forex Optimum:

    Traded for only a short period of time, processing of order is not the fastest, but satisfactory. There are also enough trading instruments, but mein lieber Gott, spreads are dreadful. I did not manage to make stable profit as I usually do, only a lo...

  • ali from uae writes about ADS Securities:

    this company is kind of money maker and they are playing in market by wide the spread ,edit the client order like they change your buy stop or sell stop ,some times they close your trade when you making the profit

    please stay a way from this bro...

Forex Blog

Dollar's Rally Stalls Despite Amazing Economic Reports

Thu, 26 May 2016 14:23

US economic reports released today were stellar, but this did not prevent EUR/USD from rising for the second day. One of the possible reasons for such behavior can be skepticism of market participants regarding chances for a June interest rate hike from the Federal Reserve. Traders wait...

EUR/USD Sticks Head Up, Probing for Rally

Wed, 25 May 2016 15:48

EUR/USD was trading mostly in a range today with a slight downside bias. Yet just recently the currency pair moved to the upside sharply. The current trading session was light in terms of economic data from the United States. And without additional indications about probability of a June interest rate hike, it may...

EUR/USD Breaks Down After Two Days of Stability

Tue, 24 May 2016 15:17

EUR/USD broke to the downside today after two days of small gains. The major factor that helped the dollar to outperform the euro was the outlook for a June interest rate hike from the Federal Reserve. Macroeconomic data also played its part as the US housing report was superb while the economic sentiment ...

Forex News

Japanese Yen Feels Strong

Japanese Yen Feels Strong

Thu, 26 May 2016 21:16

The Japanese yen rallied today as traders were cautious due to the prospects for monetary tightening from the Federal Reserve but not willing to buy the US dollar.

Greenback Trades Lower as Dollar Index Falls

Greenback Trades Lower as Dollar Index Falls

Thu, 26 May 2016 14:53

There's a decent amount of downward pressure on the greenback right now, and the dollar index is falling. Greenback is trading lower against its major counterparts and is mostly lower against other currencies today.

Australian Dollar Bounces After Falling Intraday

Australian Dollar Bounces After Falling Intraday

Thu, 26 May 2016 14:06

The Australian dollar was down intraday but has bounced as of now even though Australia's macroeconomic data was rather detrimental to the currency.

Commodity Blog

Copper Rises on Thursday, Joining Other Industrial Metals, Outlook Pessimistic

Thu, 26 May 2016 21:56

Copper settled higher during the Thursday's trading session but struggled to extend the rally during the opening hours of the Friday's session. The metal profited from the ...

Gold Falls, Other Precious Metals Avoid Losses

Thu, 26 May 2016 19:46

Gold fell today amid continuing speculations about a potential interest rate hike from the Federal Reserve. Surprisingly, gold was the only...

Oil Surges past $50 a Barrel First Time This Year

Thu, 26 May 2016 17:37

The price of oil surged past $50 per barrel on Thursday at 12:39 GMT for the first time since November....

Forex Video Zone

Types of Forex Brokers — Dealing Desk Versus No Dealing Desk

Thu, 26 May 2016 15:27

Forex trades are facilitated by brokers and as you begin your day trading career, it is important for you to understand the different types of brokers. The Forex brokers fall into two categories, Dealing Desk brokers and No Dealing Desk brokers. Both brokers have their own advantages and disadvantages and they offer different methods for entering and exiting trades. For example, some offer tighter spreads, but charge commission,...

USD/JPY and AUD/USD Forecast — May 26th 2016

Thu, 26 May 2016 14:22

In this video, the Trader Guy looks at currency pairs USD/JPY and AUD/USD for the May 26th session. USD/JPY — We did go back and forth during the day and it really looks like we are stuck at the 110.00 level. If there is any chart that shows just how quiet the Forex markets have been over the last couple of days, it’s USD/JPY. If we can break above...

EUR/USD and GBP/USD Forecast — May 26th 2016

Thu, 26 May 2016 13:51

In this video, the Trader Guy looks at currency pairs EUR/USD and GBP/USD for the May 26th session. EUR/USD — We really did not do anything on Wednesday and that is not a surprise as the pattern has repeated itself. We repeatedly fell and moved sideways and now it looks like we are moving sideways again for a couple of sessions. Quite frankly, technical analysis is that simple as you need to pay...